Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 199.20

+0.1%

3:59 PM EST

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To: tonyt who wrote (14314)	2/5/1998 10:32:00 PM
From: Flagrante Delictu	Read Replies (1) of 32384

tonyt, You never quit pouring suspect numbers on this thread. Your assumption of 14% interest is highly flawed. Have you no shame? The estimate of the theoretical value of the warrant under the Black-Scholes model that was illustrated on this thread first by Stewart H. & then picked up by Russian Bear whose analysis you have publicly reported accepting on this thread assumed an interest rate of 6% based on the 2 year T-bill rate. Bernie. I guess you choose these continued unsubstantiated postings to having to answer the myriad of questions relating to your previous posts.

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